Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp | getting paid to post with @ampsfun

The biggest issue with the model is it's tone deaf to artists. 

I support experimentation, FAFO and innovation on all fronts here. 

But, tokenizing a piece of art (maybe not content, some other interesting discussions there) into a coin with 1B supply does nothing to "support" the artist. Rather, it turns their work into a vehicle for quick trading and flipping... theoretically. And I say "theoretically" because trading can only occur with volume... apart from maybe a few runners from well-known artists, there is little to no liquidity in this uber-niched "coined art" market. I'd be interested to see how the builders expect for that to change. 

Furthermore, shifting the focus to trading art as a coin literally drains the soul of the art itself. I'd bet very few people are actually taking time with the art. Considering how it connects with them. Seeing if they "feel something" apart from the dopamine rush of the click / trade... 

I'm not saying people shouldn't use it. I'm just saying it's now for me.

🎯🔥

strapping a billion token supply to everything doesn't make it better

onchain art makes the most sense as single or limited supply NFTs

we don't have to pivot everything because the trend of the moment is pumping coins

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

Photographer | Artist | PhD🫀🤘 
/mountains /feelsgoodman /alexmack 
👉 https://linktr.ee/alexmackenzie

🤝

as someone building a product where the "special sauce" is that people collect NFTs, I feel in the same boat at times lol

but I've also been around this industry long enough to see the hype cycles come and go

collecting single moments of provenance as NFTs makes the most sense and will make sense forever, I'm fine staying true to that vision and focusing on creating things that people want to collect vs trying to juice growth with a slightly different format

what matters is the art

make good art, people will come

1000000%. Feel like I'm taking crazy pills sometimes, appreciate this <3

This whole "everything needs to be a coin" concept is starting to get annoying

the only artists this will benefit are those that work with this in mind, so yes it is stifling art 

it's just about more txs on the L2 innit